The Salvation Army St. Louis Veteran's Residence

Villas at Ridge Pointe II

Pagedale Senior Housing and Retail Development

Mackenzie Place Senior Apartments

Affton – St. Louis County

Salisbury Park III

Hyde Park – St. Louis City

Dunn Road Manor

Florissant - St. Louis County

Investments.Building Communities.

With 30 years of experience, the St. Louis Equity Fund provides affordable rental housing, low risk investments that provide a market rate of return to investors, and a steady source of equity to partners and developers in the St. Louis region. Since its inception, the combined funds have raised $426 million which has enabled the production of 4,672 units of affordable housing in the St. Louis and Kansas City metropolitan areas, outstate Missouri and Southern Illinois.

Our Mission

Our mission is to effectively utilize corporate
investment and available tax incentives
to stimulate the development of
affordable, low- and moderate-income
housing units. We strive to revitalize
and stabilize neighborhoods, through
public/private cooperation and
superior asset management.

History

Founded in 1988 with a $75,000 grant from Civic Progress, the St. Louis Equity Fund recognized the need to create a vehicle to syndicate tax credits created by the Tax Reform Act of 1986. The first Fund created in 1988 raised $3.25 million and facilitated the production of 105 affordable homes. Since that time, the St. Louis Equity Fund has raised more than $426 million of capital which has produced approximately 4,672 housing units having a total development cost of $644 million. Investors are now being sought as the St. Louis Equity Fund works diligently to provide continued benefits to its investors, partners and the neighborhoods we serve.

News & Events

SLEFI announced the availability of grant funding for resident services programs and accepted grant applications in October 2018. Grants of up to $2,500 per property were available to SLEFI’s 501(c)(3) non-profit managing and development partners and had to be used for the acitivites of the residents residing in LIHTC properties in which SLEFI has invested.… Read More

We enjoyed celebrating SLEFI’s 30th Anniversary on September 20th with a reception at the new event space on Laclede’s Landing, the VUE. Guests included Mayor Lyda Krewson, Investors, Partners and many friends of the Equity Fund. We are very grateful that a resident from the Garrison Residence was able to join us and share his… Read More